Fintech PR
Group-IB Awarded Anti-fraud Project of the Year
SINGAPORE, Nov. 15, 2023 /PRNewswire/ — Group-IB, a leading creator of cybersecurity technologies to investigate, prevent, and fight digital crime, was honored with the Anti-fraud Project of the Year award in the 6th Regulation Asia Awards for Excellence 2023 during an in-person ceremony held in Singapore, on Tuesday, November 14, 2023.
This award recognizes exceptional projects that have significantly contributed to the fight against fraud and the protection of financial institutions and their customers from losses, including through the use of innovative technology and collaboration with industry and regulators.
Group-IB was recognized for its Cyber Fraud Intelligence Center Project, built upon Group-IB’s proprietary Fraud Protection Platform. It is a first-of-its-kind solution that is used for monitoring diverse data sets such as device fingerprints, IP addresses, malware signatures, and fraudster profiles. It facilitates the aggregation of such anonymized data to generate insights on fraud threats and patterns, simplify fraud detection, and disrupt the laundering of fraud proceeds.
Group-IB works closely with law enforcement agencies across the world to gather threat actors’ TTPs. Group-IB draws on its extensive experience in the field to aid governments in establishing Cyber Fraud Intelligence Centers. Through real-time monitoring and analysis of financial transactions from multiple sources, Group-IB can provide detection and prevention of fraudulent activities.
The fight against money laundering is facilitated through information sharing among participating organizations. Cyber Fraud Intelligence Centers can quickly identify and investigate suspicious activity, enabling the disruption of money laundering networks during the “warm-up” phase and preventing criminals from exploiting them.
Judges on the Regulation Asia awards panel credited Group-IB for its innovative approach to enabling the sharing of data between institutions, promoting collaboration among public and private sector entities, and contributing to the global fight against fraud groups and organized crime. “The ability to pool data from various sources makes a huge difference in fraud detection. This solution can serve as a model for other jurisdictions and institutions globally,” said one judge on the Regulation Asia awards panel.
“We are honored to receive the Anti-fraud Project of the Year award,” says Wei See Wong, Group-IB’s Head of Business Development in the Asia-Pacific region. “This recognition from our industry peers underscores Group-IB’s commitment to combating crime and supporting the financial industry in safeguarding its stakeholders. Cybercrime knows no boundaries. Swift fraud intelligence exchange is the way forward to fight against fraudsters effectively. We will continue constantly enhancing our technologies to improve collaboration within the industry.”
View original content:https://www.prnewswire.co.uk/news-releases/group-ib-awarded-anti-fraud-project-of-the-year-301988959.html
Fintech PR
COCA Unveils Black November: Zero Fees on Swaps, Spending, and FX with the COCA Crypto Card
HONG KONG, Nov. 5, 2024 /PRNewswire/ — This November, COCA is thrilled to announce its Zero-Fee Black November offer, delivering one of the most competitive zero-fee crypto wallet and card experiences in the industry. With zero fees on swaps, card spending, and FX, COCA is dedicated to helping users keep more of their crypto gains by reducing the costs that often come with swapping and spending cryptocurrencies in the real world.
Why COCA Leads the Way in Zero Fees
Most crypto apps, including Coinbase, Crypto.com, Revolut, and popular DEXs, add commission fees that reduce users’ earnings. COCA’s Zero-Fee Black November, however, offers the opportunity to transact with zero costs. Here’s how COCA stands out:
- Zero Commission on Cross-Chain Swaps: COCA users can swap assets seamlessly across 13 chains with no commission fees.
- Zero Fees on Card Spending: Every COCA card transaction—whether online or in-store—is fee-free.
- Zero FX Fees Worldwide: COCA cardholders can shop at 80 million+ merchants with no foreign exchange fees, ideal for international spending.
- No Membership Fees: COCA’s transparent structure means no annual card fees—users gain access to all benefits without hidden costs.
Earn Rewards with COCA Points
In addition to zero fees, COCA users earn COCA Points on every card transaction. These points can unlock exclusive rewards, including eligibility for an upcoming airdrop. This reward structure allows users to save with each transaction while gaining even more value with each purchase.
Zero-Fee Black November – The Perfect Time to Join COCA
Now through the end of November, users can secure COCA’s exclusive zero-fee offer by ordering a COCA card. COCA’s zero-fee structure, paired with COCA Points rewards, allows users to maximize savings and enjoy added benefits on every transaction.
About COCA
COCA is a next-generation crypto super app designed to simplify and secure the crypto experience for users worldwide. With innovations in security, usability, and integration, COCA is at the forefront of the digital asset revolution. For more information, visit coca.xyz.
Photo: https://mma.prnewswire.com/media/2549172/Black_November_COCA.jpg
Logo: https://mma.prnewswire.com/media/2338075/5007876/COCA_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/coca-unveils-black-november-zero-fees-on-swaps-spending-and-fx-with-the-coca-crypto-card-302296499.html
Fintech PR
Gateway Gulf’s Second Edition Concludes on a High Note with over USD 12 Billion of Announcements and Deals
MANAMA, Bahrain, Nov. 5, 2024 /PRNewswire/ — A total of 32 landmark announcements and deals over USD 12 billion were announced at the second edition of Gateway Gulf 2024, which ran between 3 – 4 November. Organised by Bahrain Economic Development Board (Bahrain EDB), the forum was attended by 250 ministers and business leaders from around the world and highlighted significant trade and investment opportunities in Bahrain and the wider Gulf, as the region’s economies increasingly drive growth in non-oil sectors.
In finance, Al Salam Bank (ASB) announced the launch of ASB Capital, a newly established Category 3A asset management firm licensed by the Dubai Financial Services Authority (DFSA). Investcorp announced key investment related initiatives, and SICO Bank introduced diversified investment products. J.P. Morgan Payments announced plans to hire technologists in Bahrain. Additionally, Singapore Gulf Bank announced the launch of corporate banking services for the global digital economy.
Highlighting Bahrain’s digital transformation momentum, ARRAY Innovation signed three partnerships with the National Bank of Bahrain (NBB), Aluminium Bahrain (Alba), and the Labour Fund (Tamkeen) to promote advanced enterprise software, analytics, artificial intelligence, and machine learning solutions. Beyon unveiled its visionary digital city and signed a development agreement with Edamah.
In manufacturing, Alba and Daiki Aluminium reaffirmed their commitment to establishing a sustainable aluminium dross processing facility in the Kingdom of Bahrain. Racing Force Group and Bahrain International Circuit announced the completion of the Bell Racing Helmets factory extension and groundbreaking for its new open manufacturing production (OMP) facility. Meanwhile, Bapco Energies also announced reaching a decisive milestone of expanding its refining capacity in compliance with the latest sustainability regulations under Bapco Modernisation Program (BMP).
Key projects were announced by Edamah, the real estate arm of Bahrain Mumtalakat Holding Company, including the opening of its latest resort Hawar by Mantis. Infracorp, a leading company specialised in infrastructure investment and sustainable development, revealed an agreement with Kempinski to launch Harbour Heights Kempinski Hotel and exclusive branded residences in the heart of Manama’s exclusive Bahrain Harbour.
Government announcements included details from Bahrain’s Ministry of Industry & Commerce about a National Industrial Development Fund and SMEs Development Fund. The Ministry of Housing and Urban Planning outlined plans for the development of 3,000 residential units and apartments in Khalifa City, while Mumtalakat, Bahrain’s sovereign wealth fund, signed several partnership agreements across key verticals of their portfolio.
Photo – https://mma.prnewswire.com/media/2549196/Bahrain_Gateway_Gulf.jpg
View original content:https://www.prnewswire.co.uk/news-releases/gateway-gulfs-second-edition-concludes-on-a-high-note-with-over-usd-12-billion-of-announcements-and-deals-302296497.html
Fintech PR
FBOX Accelerates Growth and Innovation in the Cooling Industry with Strategic Initiatives
DUBAI, UAE, Nov. 5, 2024 /PRNewswire/ — In an impressive demonstration of agility and foresight, FBOX has embarked on a series of transformative initiatives over the past two months, affirming its status as a pioneering leader in the cooling industry.
At the recent exhibition Bitcoin Amsterdam, FBOX introduced its revolutionary clean energy green mining solution. The innovation effectively addresses the critical challenge of unstable power output in renewable energy mining, showcasing the company’s commitment to sustainability and eco-friendly practices.
Following this significant launch, FBOX made a strong entry into the data center liquid cooling sector at Gitex Global in Dubai. This strategic move highlights the company’s advanced cooling technologies, meticulously designed to meet the evolving demands of modern data centers and ensure optimal performance, enabling broader applications of cooling technology across various industries.
The momentum continued at the Blockchain Life Dubai, where FBOX unveiled a specialized cooling solution tailored for the Antminer S21 immersion miner. This initiative underscores FBOX’s dedication to delivering customizable, state-of-the-art solutions for the cryptocurrency mining industry, reinforcing its adaptability in a rapidly changing industry.
Looking ahead, FBOX will be exhibiting at the upcoming SC 24, the International Conference for High Performance Computing, Networking, Storage, and Analysis in Atlanta, USA in November. With two strategically positioned booths showcasing its innovative data center liquid cooling products, the company signals its commitment to establishing a robust presence.
These swift advancements underscore FBOX’s dynamic growth trajectory and strategic focus on capitalizing on high-demand markets. As the company continues to innovate, it remains dedicated to fostering sustainable solutions and driving excellence in the cooling solutions industry.
About FBOX
FBOX is a leading solution provider in the cooling industry, renowned for its innovative immersion, hydro, and air-cooling products. Committed to advancing cooling technology, FBOX offers stable, high-performance cooling solutions that are highly compatible across diverse environments.
By enabling efficient overclocking while ensuring thermal stability, FBOX products are widely adopted in North and South America, as well as the Middle East, positioning the company as a trusted leader in the market.
For additional details, visit:
Official Site: www.fboxdata.com
LinkedIn: FBOXDATA
Twitter: FBOXDATA
View original content:https://www.prnewswire.co.uk/news-releases/fbox-accelerates-growth-and-innovation-in-the-cooling-industry-with-strategic-initiatives-302296487.html
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